Pakistan has got another big loan after a month. In the plight that Pakistan is going through, it is also difficult for the people there to meet everyday needs. Pakistan reached the United Arab Emirates to overcome this economic crisis, where five banks together have given it a loan of one billion dollars for five years.
According to news agency PTI, Pakistan has signed a five -year ‘syndicated term finance’ of a billion US dollar. Syndicated term finance is a kind of loan in which two or more banks or financial institutions together provide this to the same borrower (individual, company or government).
The Pakistani Finance Ministry issued a statement on Wednesday (June 18, 2025), stating that Dubai Islamic Bank, Standard Chartered Bank, Abu Dhabi Islamic Bank, Sharjah Islamic Bank, Ajman Bank and HBL together gave a loan of one billion dollars to Pakistan. According to the ministry, Dubai Islamic Bank served as the only Islamic global coordinator, while Standard Chartered Bank was its leading manager. Other fundamentals include Abu Dhabi Islamic Bank, Sharjah Islamic Bank, Ajman Bank and HBL.
The statement said the statement, the Finance Ministry has signed a partially guaranteed 100 million syndicated term finance facility of the ADB (Asian Development Bank) program ‘Advanced Resource Collection and Use Reforms.’
The ministry said that the government successfully entered the West Asia financial market after nearly two and a half years which indicates the new trust of the market in fiscal stability and overall improvement in Pakistan’s comprehensive economic indicators. This transaction also symbolizes the introduction of a new partnership of the Government of Pakistan with banks in West Asia.
Khurram Shahzad, Advisor to Finance Minister, wrote on the social media forum X, ‘Pakistan has received historical financing of one billion US dollars with the strong support of ADB -backed guarantee and strong support from West Asia banks.’ Earlier this month, the Philippine -based bank approved a US $ 80 million program to strengthen fiscal stability in Pakistan and improve public financial management.
With the help of Pakistan International Monetary Fund, insolvency in 2023-24 survived narrowly. After this, last year it worked to stabilize its economy with good results. In the first 11 months of the current financial year ending June 30, it recorded a current account surplus of US $ 1.8 billion which helped it to gain confidence of lenders. Pakistan follows the financial year from July 1 to June 30.
